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Author Topic: We are only rich on spreadsheets  (Read 15228 times)
Bananington
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September 10, 2019, 05:27:27 PM
 #61

Upon reading this, I laughed honestly but that's the bitter truth in most cases. I remember doing many campaigns in the past with high reward stated on spreadsheet, some never get distributed while some turn to garbage when distributed.  Well, this doesn't mean we don't benefit from a few campaigns, reason why it's good to check properly before doing any.

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Golftech
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September 10, 2019, 05:58:19 PM
 #62

Upon reading this, I laughed honestly but that's the bitter truth in most cases. I remember doing many campaigns in the past with high reward stated on spreadsheet, some never get distributed while some turn to garbage when distributed.  Well, this doesn't mean we don't benefit from a few campaigns, reason why it's good to check properly before doing any.
Make yourself embracing realities, there's a lots of projects that we often see providing huge amount of stakes but in an actual value it's just a trash or nothing at all, many hunters are frustrated to what outcome those projects provides, most turned into scam and no longer showing up after the sale
periods, placing both investors and bounty participants to a hanging positions, it's always best to investigate and do a good research before joining it will help you to avoid scam team.
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September 10, 2019, 06:12:02 PM
 #63

Real Market price renders projects broke as well. I don't usually calculate my earnings on spreadsheet I calculate it when I sell on exchange most times I hold for long term most times I don't. Let's not forget that these allocations are made for hunters based on projects ico or IEO price not market price.
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September 10, 2019, 07:18:52 PM
 #64

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
And that is if you are lucky, there are many bounty campaigns that despite being successful do not pay their participants or cut their rewards which means that you receive almost nothing after months of effort, but what those developers are not realizing is that many bounty hunters now understand that their services are not appreciated and many are now finding other ways of getting coins and eventually those projects will feel the absence of bounty hunters willing to promote their projects but by then it will be too late.

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Sharon121212
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September 10, 2019, 07:26:34 PM
 #65

You are as rich in any bounty as the value of the coin the bounty own at that time frame. No matte how many tokens was allocated to the project and how many you as an individual has gotten if the value is worthless little can be gotten from it
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September 10, 2019, 07:29:06 PM
 #66

The worst part of bounty is social media. The reward is so negligible and yet, you will see a lot of participants on spreadsheet. So what do you expect? Some might even receive the reward that is not up to a dollar. Wasted time and wasted effort. It is better to just go and find something better to do. Those who get what manageable, but not worth the efforts are those with higher ranked accounts for signature and those who are into translation or someone who has better offer for the project.
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September 10, 2019, 07:30:42 PM
 #67

Its pretty sad to calculate the amount of money you will get when you are comparing it to the ICO price. When the coin finally hits the market, then all hopes become lost and the huge monies you presume to get will be even less than $5.

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September 10, 2019, 07:31:57 PM
 #68

Very often it happens that the tasks of the bounty campaigns are completed and you are rewarded for them, but you cannot get it.
Unscrupulous developers do this, and recently in the cryptocurrency market their number has been increasing.
I try to trust only real developers who have guarantees.

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September 10, 2019, 07:37:56 PM
 #69

There is nothing to be surprised at, the situation with bounty campaigns has been getting worse over the past couple of years. I believe in a revolution in bounty.
Definitely in support of that revolution, Bounties have made fun of bounty hunters and many of them have been scammed just because of numbers figures on the spreadsheets. Many of my time with bounties have prove that, am only rich on spreadsheets and in clarity in figures but not in currency.

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September 10, 2019, 07:46:22 PM
 #70

There is nothing to be surprised at, the situation with bounty campaigns has been getting worse over the past couple of years. I believe in a revolution in bounty.
Definitely in support of that revolution, Bounties have made fun of bounty hunters and many of them have been scammed just because of numbers figures on the spreadsheets. Many of my time with bounties have prove that, am only rich on spreadsheets and in clarity in figures but not in currency.


 Low level work will always be abused and exploited repeatedly. Why the hell do you think the US kept importing Chinese goods made by slave labor? Because it's cheap. In bounties, you get paid in worthless tokens if the ICO fails in the market. That is your risk for joining.

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September 10, 2019, 08:33:25 PM
 #71

Unfortunately, this is the case. Sometimes I Wonder if this projects take delight in not wanting bounty hunters to profit from their projects. Once a token is doing well on the exchanges, payments to bounty hunters become a problem, sometimes, they outrightly refuse payments or the introduce conditions which makes it almost impossible for hunters to get their rewards or they tend to share peanuts to hunters against what is on the spreadsheet making hunters appear only rich on spreadsheets.
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September 10, 2019, 08:42:49 PM
Last edit: September 11, 2019, 01:44:00 AM by PuertoLibre
 #72

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
The rich people are educated but the randomly become rich people are not less as far as I know. The poor mentality doesn't let the traders to act however they fell in trading. Nowadays, it can't happen so fast as you mentioned, that is the reason, the situation of the market is very bad. Altcoins are dead already and we can not make some profit with trading the illiquid markets as we expected. We can't be wealthy in this way, it is something I call as an additional income. You can neither get rich nor poor after investing in the top profitable altcoins.
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September 10, 2019, 08:50:50 PM
 #73

This was it in 2017 but it was a reality. The fact is that the market in general is not in a good condition so this is what happens and no matter how good you are as a developer, you may feel this market. I think there will be a change in direction as the taste for crypto is growing but currently, bounty hunters won't find bounty hunting as a good way of earning big money but I think it is still a good time to claim cheap tokens that may be worth some high in the near future is not all, a very few of them might change your destiny. Still holding my shitcoins Cheesy
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September 10, 2019, 09:07:04 PM
 #74

You must consider the total amount of tokens allocated to the campaign (as a percentage of total supply).
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September 10, 2019, 09:29:43 PM
 #75

Not only in spreadsheets but also checking your wallet for Etherscan. I for example have Etheera tokens and this shitcoin is often "painted" fake value on scam exchanges. At such moments I am very "rich".
I just checked the token you mentioned. Etherscan is using the price of token.store. Token.store is a decentralized exchange and I am sue that's not a scam. The big changes in the price shown os due to the big difference between sell and buy orders.
You are right about the fake price. But you are not right about scam exchanges.
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September 10, 2019, 10:04:39 PM
 #76

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

In general, the situation is similar to the one you outlined. However, even so you can still find projects where bounty hunters can earn some money.
It’s our own fault that they don’t value us and don’t pay us. You need to participate in bounty campaigns of those projects where there is payment in coins already traded on exchanges.

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September 10, 2019, 10:07:16 PM
Last edit: September 11, 2019, 03:34:03 AM by Danslip
 #77

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

In general, the situation is similar to the one you outlined. However, even so you can still find projects where bounty hunters can earn some money.
It’s our own fault that they don’t value us and don’t pay us. You need to participate in bounty campaigns of those projects where there is payment in coins already traded on exchanges.
If you are not bounty hunter you don't have a proper view on the progress during the last years. The payments are not in the ETH and the team orders the bounty managers for paying the bounty hunters in the tokens. These tokens are not trades in elsewhere, the bounty hunters wait patiently for getting paid for his job during the bounty campaign. The average bounty hunter prefers to choose the bounty campiangs which pays in the Ethereum and these projects will pay the promised amount even if the project fails during the token sales. Some bounty managers are stubborn which is the reason they decrease the bounty allocation pool for illogical reasons.

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September 10, 2019, 10:10:26 PM
 #78

Then don't join those bounties if you feel that you are being used as a bait. As far as the market's concern, it has been not so good and that's why even the most beautiful project has never taken that expected outcome. The advice that I can give you is to become more resourceful on the bounties that you are joining. Well at least do more reliable analysis on what are the good and bad ones. With this kind of strategy of choosing you are likely to get a better bounty that will pay.

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September 10, 2019, 10:29:16 PM
 #79

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

Nice way to put it, yeah if you check the spreadsheets and then count your stakes x the supposedly ICO price then you can be rich here. However, it is also good in paper and it makes you feel good to continue and promote that project specially hearing a lot of positive feedbacks. But everything changes when you got your tokens, then it is listed on a exchange. Then suddenly the dumps start that when you check your MEW the value has gone too bad that you are just disappointed that you are either late in liquidating it or you still believed that the project is really good and try to hold into it.

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Inu.Guren
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September 10, 2019, 11:28:31 PM
 #80

in one case even the calculation are correct and going like we expected without any problem, sometime many projest are decreasing their budget and make their token/coin are useless for hunter.

like my experience few month ago, if the allocation are not decreased maybe now i have more than $3500 from 1 project, but manager are made decision to decreased allocation for more than 97% from the begin allocation, and i just get $25 for working in 3 month, it's funny  Grin Grin

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